BUSINESS

Papal Cologne: Pope Francis is Now in a Bottle … His Scent at Least

Pope Francis is now in a bottle. Well, his scent at least. American fragrance maker Excelsis Fine Fragrances has released a new scent that pays homage to the "humble and down to earth" personality of the half-year old supreme pontiff of the Roman Catholic church. A dab of this scent would probably make someone smell heavenly, or smell like a saint. Just hope it won't make criminals smell as appealing too.

New Zealand Job Turnover Rates One of World's Highest

New Zealand has the fifth highest job turnover rates in the world, according to the Kelly Global Workforce Index. Experts said that New Zealanders are willing to take risks and change jobs more often in a reviving economic environment.
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Australians Opt for Wine as Beer Consumption Dips to 66-Year Low

With Tourism Australia pushing for Australian wine and food through the Restaurant Australia campaign and official government statistical data confirming more wine exports to China, it is little wonder that beer drinking in the country down under is going down.

You Can’t Cover Up Bad Monetary Policy

I was in Uruguay and then Buenos Aires, Argentina, last week. I met with a variety of interesting people on my trip. One of them is a guy who writes a blog from Buenos Aires, OfWealth.com, under the pen name 'Marco Polo'.

Australian Stock Market Report – Afternoon 9/18/13

At the close, the All Ordinaries Index (XAO) eased by 0.3 per cent ahead of the Federal Reserve's statement on monetary policy tomorrow morning. The two biggest sectors of the Australian market (the miners and financials) headed in opposite directions and played a balancing role for local equities.

Australia: Record Value of Farm Production Expected

In some good news for the agriculture sector in Australia, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) says the country’s gross value of farm production is expected to achieve a record of $49 billion in 2013-14.

Australian Stock Market Report – Midday 9/18/13

Investors are sitting on the sidelines ahead of tomorrow morning's US central bank update on its stimulus strategy. The All Ordinaries Index (XAO) is down 0.3 per cent, however still is hovering around five-year highs. Local stocks have improved over seven of the past eight sessions. Global markets moved negligibly overnight and interrupted trade in the region is also keeping a lid on trade.

Get Ready for an S&P Market Meltdown

It was a relatively quiet day on the stock market. The S&P500 backed off a little, but it's had a pretty good run lately. We've been telling our subscribers that the market is set up for either a meltdown or a melt-up. We're sitting in the meltdown camp.

Yellen at Stocks to Go Up

Big moves happened overnight. In fact, if you go by betting website Paddy Power's numbers, the moves were so big they had to shut down the entire market.

Drop Dividend Stocks? Never!

By Peter Switzer, Switzer Super ReportCall me old fashioned but I love the 7% plus play and I always think of this when, like now, a lot of experts are talking about "rotation".

Australian Stock Market Report – Afternoon 9/17/13

Local shares edged higher today, to make it seven wins in eight trading sessions. The All Ordinaries Index (XAO) improved by a modest 0.1 per cent, hitting a fresh five-year high. The ASX200 index has now closed above 5200pts for six trading sessions (June 2008 was the last time this happened).

Uranium Buying Interest Emerging

By Greg PeelUranium market participants gathered in London last week for the World Nuclear Association Annual Symposium and it appears, as is often the case when industry colleagues get together to gee each other up, that some buying interest emerged as a result.

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